More money, better retirement – VW collective agreement stands: Strong wage increase for 120,000 VW employees

02/21/2018

More money, better retirement – VW collective agreement stands strong wage increase for 120,000 VW employees

DPA

VW employees in Wolfsburg: 4.3 percent more wages and a tariff additional money

More money, better pensions and greater safety for apprentices: In the dispute over the domestic tariff at Volkswagen, company and IG Metall have agreed in the night of Wednesday to a degree for a good 120,000 employees.

This provides that the fee from May increases by 4.3 percent. For the months of February to April, a one-time payment of EUR 100 was also agreed.

Additional tariff or six additional days off

As of August 2019, a tariff supplement of 27.5 percent of a monthly salary will also be paid annually. Employees with children up to the age of ten or with relatives in need of care can instead opt for six days off.

Starting in July next year, 90 instead of 27 euros will be used for occupational pension plans, and then 98 euros from January 2020. The number of apprentices was set at 1400 for three years.

IG Metall celebrates “far-reaching tariff result”

“We are pleased that we were able to achieve a far-reaching tariff result,” said IG Metall district manager Thorsten Gröger. VW negotiator and brand head of HR Martin Rosik said: “It’s a good result for our employees.” For the company, the degree was acceptable.

The VW house rate is Germany’s largest corporate rate. It applies to around 120,000 employees in the six West German VW plants Emden, Hanover, Wolfsburg, Salzgitter, Brunswick and Kassel and the VW financial subsidiary.

Overview: 7 jobs in which academics earn less than VW skilled workers

The collective agreement runs until the end of April 2020 and contains some differences to the recently concluded flat-rate collective agreement in the metal and electrical industry. For the 3.9 million employees of the industry, the collective bargaining parties had agreed after weeks of warning strikes on flexible working hours and a wage increase of 4.3 percent from April and several lump sums with a term of 27 months.

rei / la / dpa

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